Engility Holdings (EGL) Tops Q1 EPS by 4c
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Engility Reports First Quarter 2015 Results
May 11, 2015 4:05 PM EDTCHANTILLY, Va., May 11, 2015 /PRNewswire/ -- Engility Holdings, Inc. (NYSE: EGL) today announced financial results for the first quarter ended March 31, 2015, which include one month of TASC's performance and $28 million of acquisition-related expenses.
First Quarter 2015 Results
For the first quarter of 2015, the Company reported total revenue of $403 million. GAAP operating income was $0.3 million and GAAP operating margin was 0.1%. GAAP net loss attributable to Engility was $13 million, or $0.55 per diluted share. Cash flow used in operating activities was $48 million, which reflects $46 million of various acquisition-related payments in the quarter.
Adjusted... More
